Etsy Inc (ETSY)

Inventory turnover

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	828,675	798,693	784,267	767,050	744,592	727,783	707,042	684,590	654,512	596,326	562,834	525,246	464,745	404,789	353,570	300,794	271,036	237,323	215,321	202,125
Inventory	US$ in thousands	—	—	—	0	0	—	0	—	—	—	—	—	—	—	—	—	—	—	—	—
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $828,675K ÷ $—K
= —

Based on the given data, it appears that information on Etsy Inc's inventory turnover is missing for all the quarters provided. Without the actual figures for inventory turnover, it is not possible to assess the efficiency of Etsy's inventory management and the company's ability to convert its inventory into sales during the respective periods.

To perform a meaningful analysis of Etsy Inc's inventory turnover, it is crucial to have the relevant data on the cost of goods sold and average inventory levels for each quarter. This information is essential for calculating the inventory turnover ratio, which helps in evaluating how quickly the company is selling its inventory and replenishing it.

Without the inventory turnover figures, it is challenging to assess the company's inventory management practices and the impact on its financial performance during the specified quarters. Therefore, a more detailed breakdown of the financial statements or additional data is needed to conduct a thorough analysis of Etsy Inc's inventory turnover.